UUP US Dollar

    Posted by matt on 23rd of Aug 2022 at 09:44 am

    UUP - Chart Link- logically pulling back slightly off that double top potential. If you went long UUP when it starting breaking out of that flag 2 weeks ago, yesterday was a good place to take some profits on the test of the prior highs

    Update: UUP US Dollar

    Posted by matt on 23rd of Aug 2022 at 10:03 am

    UUP - Chart Link- nice pullback from the double top I pointed out

    Energy prices will explode if

    Posted by kevindeng0727 on 23rd of Aug 2022 at 10:27 am

    Energy prices will explode if dollar weakens? lol

    and clearly a neg divergence

    Posted by raymuy on 23rd of Aug 2022 at 10:07 am

    and clearly a neg divergence on rsi and macd - ready to roll over? 

    GDX responding to UUP in

    Posted by Orangeman on 23rd of Aug 2022 at 09:57 am

    GDX responding to UUP in kind

    Please excuse the busy chart - I marked out a bunch of levels on smaller time frames.  One bigger thing I'm watching is the symmetry with the last major rally in an otherwise bearish run starting in Apr.  For now, it looks like a higher low may be in place with the symmetry target unmet above.

    Big move today into the 9 and 20d MAs around $26.15.   Would like to see this continue to rally w/ increasing volume.

    https://www.tradingview.com/x/2cQsFuQ3/ 

    Took a small position in

    Posted by timebandit on 23rd of Aug 2022 at 10:06 am

    Took a small position in NEM. Would have yesterday if I had been able to check in more.

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